Economic News
Back to Homepage
Swedes Stockpiling Food in Anticipation of Possible War Amid Rising European Concerns
SadaNews - The number of Swedes stockpiling food and cooking supplies is increasing in preparation for the potential outbreak of war in Europe, in response to authorities' calls to enhance civil readiness as part of a comprehensive defense strategy.
Government agencies encourage citizens to stockpi...
Turkey Records Slight Increase in Inflation for the First Time in 16 Months
SadaNews - Turkey recorded a slight increase in inflation in September, reaching 33.29% year-on-year, compared to 32.95% in August, marking the first rise in over a year, according to official figures released yesterday, Friday.
This slight increase is the first after 16 consecutive months of decli...
Oil Suffers Sharp Weekly Loss Amid Growing Concerns
SadaNews - Oil prices rose at the close on Friday but recorded a weekly loss of 8.1% following news of potential increases in OPEC+ supplies.
Brent crude futures increased by 42 cents, or 0.7%, to $64.53 per barrel, while U.S. West Texas Intermediate crude rose by 40 cents, also 0.7%, to $60.88 per...
Ministry of Labor Opens Voting for the Name of the National Employment Platform Using Arti...
SadaNews Economic - The Palestinian Ministry of Labor, in partnership with the Belgian Development Agency (Enabel) and with support from the European Union, announced the launch of a voting process to choose the name of the new national employment platform, which leverages artificial intelligence te...
Currency exchange rates against the shekel (October 4)
SadaNews Economy - The currency exchange rates against the shekel today, Saturday (October 4), are as follows:
-Dollar: 3.29
-Dinar: 4.64
-Euro: 3.86
Increase in Global Gold Prices
SadaNews Economy - Gold prices have risen, supported by expectations that the Federal Reserve (the U.S. central bank) will lower interest rates this month and increased demand for safe-haven assets amid the ongoing U.S. government shutdown.
Gold rose in spot transactions by 0.6% to $3,887 per ounce...
Exchange Rates of Currencies Against the Shekel (October 3)
SadaNews Economy - The exchange rates of currencies against the shekel today, Friday (October 3), are as follows:
-Dollar: 3.31
-Dinar: 4.67
-Euro: 3.88
The Monetary Authority Forms a National Team for Cyber Monitoring and Response in the Bank...
SadaNews - The Monetary Authority has announced the formation of a consulting team for cyber monitoring and response in the banking sector, as part of its efforts to enhance cybersecurity and improve the resilience and protection of financial and banking institutions in Palestine.
The formation of...
Following a 7% Decline.. Oil Prices Stabilize
SadaNews - Oil prices stabilized after falling by around 7% this week ahead of the planned "OPEC+" meeting at the end of the week, which may witness a return of more supplies to the market, amid expectations of an oversupply situation.
Brent crude traded below $66 per barrel, while West Texas Inter...
Jerusalem Bank in Germany: A Prominent Presence at CybOS 2025 Conference
SadaNews - Jerusalem Bank participated in the CybOS 2025 Conference held in Frankfurt, Germany, from September 29 to October 2, with the attendance of over 12,000 members of the global financial community, including leading financial institutions and banks, aimed at exchanging ideas, building relati...
Stability in Gold Prices After Record Surge
SadaNews - Gold prices stabilized following a five-day surge that saw consecutive record highs, coinciding with the start of the government shutdown in the United States, while traders increased their bets on interest rate cuts by the Federal Reserve after weak private sector employment data.
Spo...
The Cabinet Approves Incentive Discount for Electronic Payment of Insurance Policies
SadaNews - The Cabinet approved in its session held on 30/9/2025 allowing insurance companies to grant an incentive discount of up to 10% on the value of mandatory vehicle insurance policies (personal injury and third party) for those policies paid through electronic payment methods, following a rec...